Canadian Overseas Petroleum (LON:COPL) Stock Price Crosses Below 200-Day Moving Average – Time to Sell?

Canadian Overseas Petroleum Limited (LON:COPL) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 0.06 ($0.00) and traded as low as GBX 0.06 ($0.00). Canadian Overseas Petroleum shares last traded at GBX 0.06 ($0.00), with a volume of 0 shares traded.

Canadian Overseas Petroleum Stock Performance

The company has a debt-to-equity ratio of 243.85, a current ratio of 0.19 and a quick ratio of 0.43. The company has a market capitalization of £2.13 million, a price-to-earnings ratio of -0.39 and a beta of -0.61. The business’s 50-day moving average price is GBX 0.06 and its two-hundred day moving average price is GBX 0.06.

Canadian Overseas Petroleum Company Profile

Canadian Overseas Petroleum Limited, together with its subsidiaries, engages in the identification, acquisition, exploration, and development of oil and natural gas reserves in the United States, Canada, the United Kingdom, Bermuda, and sub-Saharan Africa. Its Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from an adjacent wind farm to power production facilities.